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Dec 7, 2012
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four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the pretty about such a plan. >> speaker, you did speak with the pretsident earlier this wee. can you talk about that call? also we understand that he's making clear that it's got to be increasing rates for the wealthy or no deal
four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would...
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Dec 10, 2012
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who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving. what do the numbers say about the economy? >> apparently we are still struggling. these are not hugely wonderful numbers but undoubtedly we're moving in the right direction. the early thanksgiving may have canceled out negative effects of sandy. sandy really did not have much of an effect in november. >> interesting -- do you think we'll see revisions next month? >> we probably will. every month we're seeing revisions and so far they have been downward. the revisions we saw friday for october and september, were both downward slightly. i wouldn't be surprised if we see downward revisions coming up. >>> the other big sto
who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving....
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Dec 5, 2012
12/12
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. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel to successfully test a new trade route through arctic waters. it opened up due to shrinking ice. it shaved nearly three weeks of its time. in september researchers of nasa announced the coverage retreated to its lowest level since recoffereds began in 1979. the route is open four months of the year. >> put down the cell phone and the sandwich if you are in south dakota. they report that there is a top new ban on distracted banning. it makes texting while drivers is a primary offense but you can get that ticket if you are eating, rearding the paper, or putting on make-up while driving. >> would you pay for co
. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel...
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Dec 4, 2012
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and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...
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Dec 10, 2012
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we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
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>> yeah, but victoria's point about reagan and clinton. we had economic groh then because government was not eating up everything. incentives wereetter aligned for business people to create jobs. i believe in the old parable it is bter to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schls are not doing that. >> i don't think the government ads are doing it either. >> taking ait for hitting the health care law. the name behinded lobster could have you paying upven more. @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ where's tommy? i thought he was with you. . jack! (playing twinkle, twinkle, little star.) tommy? go get him! don't stop! keep playing! here we go. here's the fun part! did you do this? great job! your latest headlines always at fox ns.com. >> a business hit for speaking your mind about obama care. warning that their earnings are take a hit because the bad press press they got. victorias job creators can't afford to stay quiet. >
>> yeah, but victoria's point about reagan and clinton. we had economic groh then because government was not eating up everything. incentives wereetter aligned for business people to create jobs. i believe in the old parable it is bter to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schls are not doing that. >> i don't think the government ads are doing it either....
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Dec 8, 2012
12/12
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>> yeah, but victoria's point about reagan and clinton. we had economic growth then because government was not eating up everything. incentives were better aligned for business people to create jobs. i believe in the old parable it is better to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schools are not doing that. >> i don't think the government ads are doing it either. >> taking a hit for hitting the health care law. >> the name behind red lobster could have you paying up even more. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >> fox news alert.
>> yeah, but victoria's point about reagan and clinton. we had economic growth then because government was not eating up everything. incentives were better aligned for business people to create jobs. i believe in the old parable it is better to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schools are not doing that. >> i don't think the government ads are doing it...
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Dec 6, 2012
12/12
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they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to solicit a bid to buy itself out. it has a drug that's a fish oil drug that's prescription. they say they're hiring a sales staff and they still expect to present more details to the fda in february 2013. some disappointment, clearly, there. maria. >> thanks so much, bertha. we'll keep watching that. >>> up next, the stock market and america. steve liesman up next with surprising new results from the exclusive cnbc survey. >>> and then as the lawsuits fly over hewlett-packard's autonomy mess, i'll talk with the ceo of deloitte and their role in looking over the books. ally bank. why
they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell....
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>> yeah, but victoria's point about reagan and clinton. we had economic growth then because government was not eating up everything. incentives were better aligned for busiss people to create jobs. i believe in the old parable it is better to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schools are not doing that. >> i don't think the government a are doing it either. >> taking a hit for hitting the health care law. >> the name behind red lobster could have you paying up even more. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. your latest healines always at fox
>> yeah, but victoria's point about reagan and clinton. we had economic growth then because government was not eating up everything. incentives were better aligned for busiss people to create jobs. i believe in the old parable it is better to teach a man how to fish than give him fish. long-answer is better prepare people for the needs of the 21st century economy . broken communities and families and schools are not doing that. >> i don't think the government a are doing it either....
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Dec 5, 2012
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bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
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Dec 6, 2012
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you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
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Dec 6, 2012
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when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's playing apple's wild ride today at 1:00 p.m. futuresnow.cnbc.com. >> see you at the top of the hour on cnbc.com. >>> coming up halftime fund managers doing fancy trading to give portfolios a temporary boost and are you, the investor, left holding the bag? jpmorgan's tom lee on track to hit his 2012 s&p target, we'll ask him what's next for the market own your money when halftime comes back. o o. >>> welcome back. will quarter end she nan ganz be hurting your money? some portfolio managers are bidding up stocks the second before a quarter ends, those stocks see temporary pops and the managers can point to b
when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's...
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Dec 3, 2012
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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Dec 5, 2012
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to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? woul
to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last...
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Dec 4, 2012
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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. >> tonight the bomb scare marred hillary clinton's trip overseas. she tries to mediate tensions in syria. >> the australian djs who won't be pulling anymore .d nurse they >>> san jose police officers say the department turned a corner saying the number of officers fleeing the department is growing faster than the city can train new recruits. abc 7 news brings us the latest in this saga of the incredible shrinking police force. officer tina bowles is one of six people this week signing paper work to walk away from the job at san jose police department. after 27 years, bowles is retiring with a disability and part of an unprecedented exodus. >> the environment is toxic. officers can't speak their minds about what is going on. the chief didn't listen. city hall doesn't care what he have to say. >> this former police officer retired on disability. he and the counsel majority supported the reform policies, including pay cuts, and voter approved pension reforms. >> it's not about this city and the mayor, what it's about is keeping our city afloat. dealing
. >> tonight the bomb scare marred hillary clinton's trip overseas. she tries to mediate tensions in syria. >> the australian djs who won't be pulling anymore .d nurse they >>> san jose police officers say the department turned a corner saying the number of officers fleeing the department is growing faster than the city can train new recruits. abc 7 news brings us the latest in this saga of the incredible shrinking police force. officer tina bowles is one of six people this...
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Dec 2, 2012
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first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio and there is it chris christy might be one. in jeb bush. >> in fact there is it a deep bench i think on the republican side. there is it a lot of the people who would be possibly . who will want to come forward. it might be and it is possible 2016 will be a fracous on the republican side and a stately walking toward the coronation on the democraticic side. i say that within the context of knowing that four years of history can turn a number of things on their head. >> what about a third party candidate. earlier this year. 30 percent of people said they were republicans and demcreates and rest indepen
first the nomination is hillary clinton's if she wants it she's going to take a year or two deciding, my best guest given that she ran in 08 and came so close and wanted to be president that she will in fact do it and if she does, i think she will get the democraticic nomination and be a formidable candidate. >> what about on the other side if you are a republican thinking about running. does anybody stand out in the pack of the usual suspects. we can talk about a few of them. marko rubio...
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Dec 7, 2012
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. >> reporter: secretary of state hillary clinton met with her russian counter part thursday to secure russia's support. >> the international community, specifically the russians are united on this issue. >> reporter: all sides hope the first side of diplomatic issue to end the syrian war. the syrian government has promised not to use any chemical weapons against the people there but the fear is that as assad starts to topple, as the fighting increases in the suburbs of damascus he may feel cornered and no telling what he might do. >> susan mcginnis in washington on a friday morning. thank you so much. in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something d
. >> reporter: secretary of state hillary clinton met with her russian counter part thursday to secure russia's support. >> the international community, specifically the russians are united on this issue. >> reporter: all sides hope the first side of diplomatic issue to end the syrian war. the syrian government has promised not to use any chemical weapons against the people there but the fear is that as assad starts to topple, as the fighting increases in the suburbs of...
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Dec 8, 2012
12/12
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group chose the anniversary of the attacks to honor the vets with the recycled rides program hillary clinton said that they are working on political transition. >> the united states stands with the sir yan people in sh syrian people in insisting that there be a unified democratic syria. >> that comes after she met with the russian prime minister. they still disagree on whether the president will have to leave the country as part of any transition, the u.s. wants him out, the russians do not. . >> a child is dead, another person is critically injured, news chopper 2 is live over a big rig crash. >> and in weather, our break in the rain continues. in fact you can't see now but temperatures are dropping off. coming up, it will be in the mid-30s in the morning. . >> taking you back to breaks news we brought you at the top. one child is dead and we just learned that a driver is also dead in this crash. this is the scene at byron highway near cliff on the court -- clifton court road. we told you earlier that a child around the age of 7 died and in the past minutes we confirm third degree driver of
group chose the anniversary of the attacks to honor the vets with the recycled rides program hillary clinton said that they are working on political transition. >> the united states stands with the sir yan people in sh syrian people in insisting that there be a unified democratic syria. >> that comes after she met with the russian prime minister. they still disagree on whether the president will have to leave the country as part of any transition, the u.s. wants him out, the...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of the democratic national committee to have effective control of the party apparatus and all the money that goes with that. lou: that's a big gift. >> well, he did a big deal for obama. lou: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >
clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of...
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Dec 6, 2012
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speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will not use chemical weapons against its own people, calling an assertion to the contrary to a pretext for intervention. >timothy geithner is says the obama administration is prepared to see the u.s. go over the limit fiscal cliff rather than cave to republican demands for a continued tax break for the wealthiest americans. he made the statement in an interview with cnbc. >> i want to understand the administration's position on raising taxes for the wealthy, those making more than $250,000. if republicans and not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there is no r
speaking to leaders in brussels, hillary clinton followed suit. >> our concerns are that an increasingly desperate assad regime may turn to chemical weapons, or may lose control of them to one of the many groups that are now operating within syria. so as part of the absolute unity we have on this issue, we have sent an unmistakable message that this would cross a red line. those responsible would be held to account. >> in response to the threat, assad's regime has assisted it will...
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Dec 10, 2012
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the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
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Dec 7, 2012
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earlier today secretary of state hillary clinton held talks with russia's foreign minister and the u.n. peace envoy to syria. russia and the united states have been at odds over how to resolve the conflict with syria, but the talks indicate moscow might now be changing its position. >> we have been trying hard to work with russia to stop the bloodshed in syria and start a political transition toward a post assad syrian future. >> senior u.s. officials tell fox news syrian technicians have fully mixed an unknown quantity of the deadly nerve agent sarin and loaded it onto what officials believe are to be breakable canisters that can be dropped from above. if syria were to drop these chemical bombs, thousands of people would die within minutes. >>> software mogul john mcafee is in the hospital tonight after going into convulsions and suffering two apparent heart attacks. it happened just hours after guatemalan officials rejected his bid for asylum. mcafee was arrested for illegally entering the country yesterday. that's where he turned up after weeks in hiding. mack a phone is a person of
earlier today secretary of state hillary clinton held talks with russia's foreign minister and the u.n. peace envoy to syria. russia and the united states have been at odds over how to resolve the conflict with syria, but the talks indicate moscow might now be changing its position. >> we have been trying hard to work with russia to stop the bloodshed in syria and start a political transition toward a post assad syrian future. >> senior u.s. officials tell fox news syrian...
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. >>> at a university in dublin hillary clinton called for dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington the president took his plan out of town to northern virginia where he sat down with a middle class family to talk about the potential impacts they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with those details from washington. >>> lynn, good morning. good morning, everyone. the president spent time with a family who answered a call from the white house. the question was what would you do if you had to pay another $2200 in taxes. that's what the white house says will be the average impact on middle class families if they don't work out avoiding this fiscal cliff. the president sat down with a couple, a teacher, a man who works at an auto dealer
. >>> at a university in dublin hillary clinton called for dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington the president took his plan out of town to northern virginia where...
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police say they rammed the car beforezed the bomb hours clinton got to belfast. be attending the ireland the fund-raising dinner belfast later today. of her laste one foreign engagement as a member obama's capita. peopleain, four arrested. close eye on this story and any new developments we will pass along. >> in northwest washington floodingood program to cheer about morning, a possible plan to fix the problem. john gonzalez joins us from the with of neighborhood details. tell us about it. interestingly enough, we are getting some rain this morning, many of these residents fear so much. aboutew plan would cost $135 million, much more expensive than the original which would that be done in 13 years. this plan would partially be completed in 2014, which is hope for many of the live in this local neighborhood because of a series of bad floods. already low lying and also where major storm drains converge. bad floods in four months this year alone. idea is to convert a nearby filtration site into storage s dold 3 million gallons of a six-blockg with metro size of an
police say they rammed the car beforezed the bomb hours clinton got to belfast. be attending the ireland the fund-raising dinner belfast later today. of her laste one foreign engagement as a member obama's capita. peopleain, four arrested. close eye on this story and any new developments we will pass along. >> in northwest washington floodingood program to cheer about morning, a possible plan to fix the problem. john gonzalez joins us from the with of neighborhood details. tell us about...
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joining us with the news of the arrest and that secretary clinton will testify before the house. welcome, congresswoman, great to have you here. what do you know about the latest arrest of the suspect tied to the attack on the benghazi consulate. >> it is welcome news they are getting results. this will be a test of the mursi muslim brotherhood led government which as of late was a deep disappointment and caused great concern in the international community about the move for authoritis and suppression of the minority and power grab of the mursi regime. now if they cooperate with the u.s. and turn this individual and others over to the united states for prosecution doesn't mine we'll let the mursi government off of the hook. we are giving good money after bad. the administration is asking for the government to have 450 million from u.s. taxpayer dollars . we have seen nothing but bad moves by the egyptian authorities. we are hopeful that this investigation that is it leading to this arrest and maybe others because it is not a one person operation will finally get yesterday for the
joining us with the news of the arrest and that secretary clinton will testify before the house. welcome, congresswoman, great to have you here. what do you know about the latest arrest of the suspect tied to the attack on the benghazi consulate. >> it is welcome news they are getting results. this will be a test of the mursi muslim brotherhood led government which as of late was a deep disappointment and caused great concern in the international community about the move for authoritis...
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hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some of the demonstrators are seen armed, and there's a portion of the video showing the attackers running into the compound. we will have much more on what they learned on capitol hill in benghazi in the next hour. growing privacy concer
hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence...
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look at hillary clinton's resume. former first lady of arkansas, former first lady, former secretary of state, former senator. no question about it, regardless whether you're a republican or democrat you can say hillary clinton is a hard workers, she's tenacious, she's been around the block and would come to the white house with definitely a lot of experience. >> the other thing you could say about her is because of her role as secretary of state she's been able to sort of however above the fray. traditionally secretary of states don't get involved in political matters. her role as the nation's senior diplomat discourages her from wading into domestic political matters that the tradition and etiquette. but the gag order will soon be lifted and i could make the case that's it's irrelevant any weigh marriage equality is a matter of human rights and not politics and she's powerful and beloved enough to say whatever she wanted once obama finally laid down his marker. so what do you think about that? do you think that ther
look at hillary clinton's resume. former first lady of arkansas, former first lady, former secretary of state, former senator. no question about it, regardless whether you're a republican or democrat you can say hillary clinton is a hard workers, she's tenacious, she's been around the block and would come to the white house with definitely a lot of experience. >> the other thing you could say about her is because of her role as secretary of state she's been able to sort of however above...
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is do what bill clinton did and reach across the table. >> susie: you know, bond the-- beyond the fiscal cliff and i know that say big issue hanging over the markets but there are also fundamentals going on as well. we got mixed reports on the economy. tom just talked about that weak data showing businesses contracting. and we're also getting warnings on weak corporate profits. so doesn't this give you pause about buying in this market right now? >> i think, i just got back from two weeks in europe speaking to portfolio managers in seven different countries. they are profoundly underinvestmented in the u.s. the endowment funds in this country are profoundly underinvested in u.s. equities. a lot of portfolio managers are hoping equities go down as measured by the s&p so their underperformance doesn't look as bad. if the market doesn't go down here i think they will be forced to chase not end of the year. >> susie: uh-huh. beyond stocks, give us your thoughts on bonds, on gold, and other commodities. >> i think gold is in a secular bull market. i think it's just been consolidating the big
is do what bill clinton did and reach across the table. >> susie: you know, bond the-- beyond the fiscal cliff and i know that say big issue hanging over the markets but there are also fundamentals going on as well. we got mixed reports on the economy. tom just talked about that weak data showing businesses contracting. and we're also getting warnings on weak corporate profits. so doesn't this give you pause about buying in this market right now? >> i think, i just got back from two...
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secretary clinton and the russian foreign minister downplayed expectations of a breakthrough. the leaked intelligence reports of chemical agents being mixed for use by the assad regime come on the eve of a crucial meeting of the friends of syria in morocco. secretary of state clinton will be there and wants to unite international response as rebels push toward the capital. assad's fall is looking imminent. syrian officials accuse the west of looking for a pretext to intervene. no international flights have been allowed to land at damascus airport for a week. >>shepard: what is the pentagon doing? are they preparing for the possible of intervention? >>reporter: they are actively planning and expect substantial fighting. there is increasing evidence that some of the shoulder-fired missiles that the c.i.a. was trying to track down in libya, and f-16's may have migrated to syria bringing down a helicopter and fighter jet last week. reports that save gas has been loaded on to canisters, the united states set up a task force at a base north of jordan, in amman, that included 150 spe
secretary clinton and the russian foreign minister downplayed expectations of a breakthrough. the leaked intelligence reports of chemical agents being mixed for use by the assad regime come on the eve of a crucial meeting of the friends of syria in morocco. secretary of state clinton will be there and wants to unite international response as rebels push toward the capital. assad's fall is looking imminent. syrian officials accuse the west of looking for a pretext to intervene. no international...
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plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the...
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the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of work, we have incomes that have not grown but they have fallen. i would think growth is the priority. >>neil: is that going do mean more dividends next year to make up for the tax hit they will face? will they still cash out with the dividends? isn't that going do lead to a market tank? >>guest: one of the things, what we are seeing right now is the first evidence that companies' investors know the fiscal cliff is coming and when we get closer that is when the market will tank. >>neil: take your money and run. >>guest: for political pumps folks are willing to go over. that is dangerous much next year if we go o
the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of...
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>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little
>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have...
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. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen. well, we did intervene and all of these terrible things, the consequences have been huge as we sat by and watched these 40,000 people massacred. it was very clear that there is more al qaeda and jihadists in syria. some of the arms because we didn't supply it supplied from saudi arabia and qutar gone to saudi rab gnaw and jihadist. because we didn't establish a safe zone for them to organize and basically have a benghazi they have been disjointed and unable to coordinate together. this is a serious crisis and we have to be prepared to put american troops, not to fight, not to be on the ground to fight but perh
. >> hillary clinton releasing this statement yesterday events on the ground in syria are accelerating we see that in many different ways. the pressure against the regime in and around damascus seems to be increasing.what happens if a forth with the chemical warfare. senator mccain is discussing the role of the united states. >> i think we would be directly responsible. all of those who argued against intervention warned us that if we intervene these terrible things would happen....
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Dec 9, 2012
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christie against clinton, one person very polite and the other -- wow -- >> speaking of chris christie gets what he wanted his whole life. this guy is a regular guy in some ways ahead. this is "hardball," the place for politics. hanging out with. i have a great fit with my dentures. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip. maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. olaf gets great rewards for his small bu
christie against clinton, one person very polite and the other -- wow -- >> speaking of chris christie gets what he wanted his whole life. this guy is a regular guy in some ways ahead. this is "hardball," the place for politics. hanging out with. i have a great fit with my dentures. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food...
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bush, bill clinton, and george w. bush along with other key staffers from obama's campaign. on thursday, longoria wrote on twitter she's so excited and honored to co-chair the event. of course, more celebrity names will start popping up as the big day draws even closer since this is a president that was widely supported in hollywood. you may also remember that back in 2009, jay-z, beyonce, aretha franklin were at the 2009 inauguration. it is going to be another star-studded event and short time from now, right around the corner. >> get your tickets now. get them now. they will be sold out whatever it is, plane, train, automobile, whatever. thank you, kareen wynter. >>> for the latest entertainment headlines makes you sure you watch "showbiz tonight." hol dawes are here. how are some businesses finding ways to keep jobs while others are failing? tom foreman went looking for some answers in today's american journey. >> reporter: amid the bustle of broadway against the bad economy and crushing competition at the strand the show goes on. started more than 80 years ago, this inde
bush, bill clinton, and george w. bush along with other key staffers from obama's campaign. on thursday, longoria wrote on twitter she's so excited and honored to co-chair the event. of course, more celebrity names will start popping up as the big day draws even closer since this is a president that was widely supported in hollywood. you may also remember that back in 2009, jay-z, beyonce, aretha franklin were at the 2009 inauguration. it is going to be another star-studded event and short time...
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Dec 6, 2012
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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Dec 7, 2012
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. >>> speaking on human rights at a university in dublin, secretary of state hillary clinton called for urgent dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post-revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington, the president took his plan out of town to northern virginia, where he sat down with a middle class family to talk about the potential impact they face from the looming fiscal cliff. it's now just 25 days away. nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for
. >>> speaking on human rights at a university in dublin, secretary of state hillary clinton called for urgent dialogue to ease the unrest in egypt. >> we call on all the stakeholders in egypt to settle their differences through discussion and debate, not through violence. >> clinton also called on egypt's leaders to protect the country's promise of post-revolution democracy. >>> back here at home, as the fiscal cliff standoff continues in washington, the president...